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Some Common Things Businesses Forget at Tax Time Mar 14, 2024

Running a business is a demanding job, so it’s no wonder owners lose track of crucial things at tax time!

In the hustle and bustle of daily operations, it's easy to overlook certain financial...

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A Guide to Gifts for your Clients and Employees Nov 29, 2023

As the festive season approaches, it's time for businesses to think about showing appreciation to clients and team members. However, did you know that the types of gifts you choose can have...

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A Guide to Claiming Festive Functions, Events and Entertainment Nov 28, 2023

Festive gatherings are an integral part of the holiday season, enhancing camaraderie and building valuable relationships.

While they can be an investment, savvy navigation of tax rules regarding...

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Which Business Expenses can you Claim against Tax? Jul 24, 2023

Incurring expenses is an unavoidable fact of running a business. But which expenses can you claim tax deductions against and which don’t meet the tax-free criteria?

Here’s our lowdown...

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Christmas Donations: The Tax Upside Dec 01, 2022

Christmas is a time for giving – and it’s not all about presents. Donating to charitable organisations is a fantastic way to support the causes close to your heart. Not only that, but...

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Does New Zealand Really Have No Capital Gains Tax? Sep 01, 2022

Some people say that New Zealand should have a capital gains tax. Other people say that we already tax capital gains, so it wouldn’t make any difference. So do we have a CGT or not?

No,...

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Major Changes to Trust Law Mar 31, 2022

In April 2022 the Government proposed new trust disclosure rules. These new rules were then passed into law 5 days later. The new rules allow the Inland Revenue to collect consistent data so that...

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Inland Revenue to Clamp Down on Top Tax Rate Avoidance Mar 22, 2022

In 2021, Inland Revenue increased the top tax rate to 39%. That rate is higher than both the 28% tax rate for companies and the 33% tax rate for trusts.

The new tax rate concerns Inland Revenue,...

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Cashflow Tips for the Holiday Period Dec 02, 2021

Depending on your industry, the holiday period can be a slow time of year for business. Despite a dip in cashflow you still need to meet your expenses.

Ensure your bases are covered before you...

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How are cryptocurrencies taxed in New Zealand? Sep 14, 2021

Around one in five Kiwis is either invested in cryptocurrency or plans to invest, according to a survey by the Financial Services Council.

With so many of us jumping into cryptoassets, it’s...

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Worried about your Provisional Tax Payment? Aug 27, 2021

A reminder about Provisional Tax due 28 August for many clients.

We understand that New Zealand’s move to Alert Level 4 may have put some additional pressure on your cashflow and you may be...

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Fees on Utes: Three Things you should Know Jul 19, 2021

Plenty of Kiwi businesses buy utes as company vehicles. If you’re in the trades, for instance, a ute can be the perfect way to haul everything around and promote your brand at the same time.

...
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